EIN 51-0205333

Virginia Museum of Fine Arts (VMFA)

IRS 501(c) type
501(c)(3)
Num. employees
37
Year formed
1976
Most recent tax filings
2020-06
Description
VMFA's purpose is to collect, preserve, exhibit, and interpret art, to encourage the study of the arts, and thus to enrich the lives of all.
Also known as...
Virginia Museum of Fine Arts Foundation

Program areas at VMFA

Over the past year the Foundation has managed the private institutional advancement program for the Virginia Museum of Fine Arts, an agency of the commonwealth of Virginia. The results of those fund raising efforts are reflected in the data listed on this return. In addition, endowments held in trust by the Foundation for the benefit of the Museum have been invested, the managers evaluated, the investment policy reviewed, and funds distributed in accordance with donor intent.

Form 990s for VMFA

Fiscal year endingDate received by IRSFormPDF link
2019-062020-08-21990View PDF
2018-062019-03-15990View PDF
2017-062018-04-10990View PDF
2016-062017-07-27990View PDF
2015-062016-07-13990View PDF
...and 5 more Form 990s

Who funds Virginia Museum of Fine Arts (VMFA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community FoundationGeneral Purposes; Annual Fund; African Congo Masks Exhibit; Early Childhood Education; Louis Draper and the Kamoinge Workshop: African American Photography Exhibit; Kehinde Wiley Sculpture Rumors of War; Youth and Family Studio Programs$446,250
 Subscribe to view█████ ████$999,999
 Subscribe to view██ █ ██ ██ █ ████ ██$999,999
...and 65 more grants received

Grants made by VMFA

GranteeGrant descriptionAmount
Virginia Museum of Fine ArtsTo Assist in Implementing and Funding Programs, Projects, and Operations of the Virignia Museum of Fine Arts. for the Year Ended June 30, 2020, Assistance Was Used for Curatorial, Art Acquisition, Education and Outreach, and Management and General Expenses.$20,396,247

Financials for VMFA

RevenuesFYE 06/2020
Total grants, contributions, etc.$40,372,226
Program services$105,475
Investment income and dividends$1,615,714
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,694,944
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$60,013
Total revenues$48,848,372

Personnel at VMFA

NameTitleCompensation
Alexander L NyergesChief Operating Officer$320,945
Hossein SadidChief Financial Officer$184,880
Tom GutenbergerChief Development Officer$195,479
 Subscribe to viewChief Conservator, Director of Museum Services, Deputy Director, and Interim Co - Director
 Subscribe to viewDirector of Development$157,227
...and 9 more key personnel

Organizations like VMFA

OrganizationLocationRevenue
Iowa State Fairgrounds FoundationDes Moines, IA$13,796,011
Arkansas Arts Center FoundationLittle Rock, AR$34,508,785
The Florida State University FoundationTallahassee, FL$57,370,131
American Friends of the Israel Museum (AFIM)New York, NY$26,174,055
Commemorative Air Force (CAF)Dallas, TX$20,943,613
Tate Americas FoundationNew York, NY$15,222,470
Statue of Liberty Ellis Island FoundationNew York, NY$20,624,198
Pro Football Hall of FameCanton, OH$30,003,486
Gary Sinise FoundationLos Angeles, CA$42,908,528
Union Station Redevelopment Corporation (USRC)Washington, DC$16,700,803
American Society for Yad VashemNew York, NY$16,464,427
Greater Columbus Arts CouncilColumbus, OH$12,341,825
The Boston Foundation (TBF)Boston, MA$165,527,614
Stony Brook FoundationStony Brook, NY$75,975,483
Kansas State University FoundationManhattan, KS$164,560,314
United Way of Greater AtlantaAtlanta, GA$131,989,974
East Tennessee Foundation (ETF)Knoxville, TN$26,643,937
Greater Miami Jewish FederationMiami, FL$81,628,774
Colorado School of Mines FoundationGolden, CO$70,186,374
The Better Angels SocietyWashington, DC$20,356,296
Lucile Packard Foundation for Children's HealthPalo Alto, CA$160,045,111
Navy Seal FoundationVirginia Beach, VA$23,103,760
John G. & Marie Stella Kenedy Memorial FoundationCorpus Christi, TX$23,664,032
Jewish Community Federation and Endowment FundSan Francisco, CA$144,796,926
Philadelphia Foundation (PF)Philadelphia, PA$79,448,283
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$48,848,372
2020
Yearly growth
63.4%
% of revenues
n/a
Total expenses
$27,721,578
2020
Yearly growth
-40.9%
% of expenses
n/a
Total assets
$286,070,393
2020
Yearly growth
2.6%
% of assets
n/a
Num. employees
37
2020
Yearly growth
5.7%
% of total
n/a
General information
Address
201 N Arthur Ashe Boulevard
Richmond, VA 23220
Metro area
Richmond, VA
Website URL
vmfa.museum 
Phone
804.340.1405
Facebook page
myVMFA 
Twitter profile
@vmfa 
IRS details
EIN
51-0205333
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A11: Arts, Culture and Humanities Single Organization Support
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent